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Product life cycle management is critical to bring balance among key components of product engineering - product innovation, cost-to-develop, time-to-market and quality. Siri's offshore product life cycle management services are best illustrated in the following graphic.

 
  Incubation Growth Maturity Extended Life Cycle Decline  
 

The pressure on the company’s resources can either be external (i.e. market imposed) or internal. Siri’s life cycle services model coupled with impetus on offshore delivery, helps clients effectively address both these pressure points.

Constraint and business drivers vary depending on the stage that product exists in the product life cycle. Siri’s PLM services incorporate a flexible engagement model that works towards eliminating most of the constraints that are faced at every stage by the software product companies. The services aim at driving the cost down at each stage down by implementing each of the services offshore.

There are critical demands made on the company’s resources at various stages in the life cycle of the product right from its conception to a well thought out decision to retire the product from the market. The decisions made in response to these demands will ultimately decide the degree of success in the market.

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